On Thursday, Shares of Walt Disney Co (NYSE:DIS), gain 2.99% to $102.20.
Star Wars: The Force Awakens products are set to be unveiled in the world’s first-ever global live toy unboxing event. Unfolding over 18 hours in 15 cities and 12 countries, the event will see highlights from the range of epic merchandise revealed in a rolling New Year’s Eve style celebration featuring top digital stars from the Maker Studios network.
“Star Wars toys have always played an important role in how our fans interact with the Saga,” said Lucasfilm President Kathleen Kennedy. “They’ve inspired multiple generations to relive the experience of the movies and to create new adventures all their own. These spectacular Star Wars: The Force Awakens products will continue that tradition.”
“Over the course of 18 hours, some of Maker Studios’ biggest stars will each be unboxing a new toy from the Star Wars: The Force Awakens product linein a different city around the world and sharing the experience live on YouTube,” said Leslie Ferraro, President, Disney Consumer Products. “We’ve seen tremendous excitement for these new products and can’t wait to see the global reaction from the Star Wars fan community.”
The Star Wars YouTube channel will host the live stream, which kicks off with the first unboxing in Sydney, Australia at 7:45 a.m. local time on Thursday, Sept. 3 (5:45 p.m. EDT on Wednesday, Sept. 2), with the grand finale at Lucasfilm in San Francisco at 8 a.m. PDT (11 a.m. EDT) on Thursday, Sept. 3. Each of the 15 locations will reveal a new product inspired by Star Wars: The Force Awakens.
Disney Consumer Products and Interactive Media (DCPI) is the business segment of The Walt Disney Company (DIS) that brings our company’s stories and characters to life through innovative and engaging physical products and digital experiences across more than 100 categories, from toys and t-shirts, to apps, books and console games. DCPI comprises two main lines of business: Disney Consumer Products (DCP), and Disney Interactive (DI). The combined segment is home to world class teams of app and game developers, licensing and retail experts, a leading retail business (Disney Store), artists and storytellers, and technologists who inspire imaginations around the world.
Shares of New Gold Inc. (USA) (NYSEMKT:NGD), inclined 8.72% to $2.12, during its last trading session.
New Gold Inc, declares that the company has reached a contract with Goldcorp Inc. (“Goldcorp”) to sell New Gold’s 30% interest in the El Morro project to Goldcorp in exchange for $90 million in cash, a 4% stream on gold production from the El Morro property and the cancellation of New Gold’s $93 million carried funding loan (the “Transaction”). The Transaction provides New Gold with raised financial flexibility, strengthens the balance sheet and enables the company to maintain exposure to El Morro’s noteworthy8.9 million ounce gold reserve and ongoing exploration potential.
“This transaction makes planned sense for all of the parties involved,” stated Randall Oliphant, Executive Chairman of New Gold. “We believe Goldcorp and Teck have developed a creative and thoughtful approach to bring their projects together. It is logical for two large, well-capitalized, proven operators to carry Project Corridor forward. At the same time, New Gold has taken this opportunity to further enhance our financial flexibility and strengthen our balance sheet while retaining a meaningful, low-cost stream on El Morro’s noteworthygold reserves and ongoing potential.”
“Goldcorp has been an excellent partner at El Morro over the last five years and we look forward to Goldcorp and Teck progressing Project Corridor for the benefit of all stakeholders,” added Mr. Oliphant.
New Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits.
Finally, Hormel Foods Corp (NYSE:HRL), ended its last trade with 1.57% gain, and closed at $61.37.
Hormel Foods Corp, stated record performance for the fiscal year 2015 third quarter. All comparisons are to the third quarter of fiscal 2014.
SUMMARY
- Record diluted EPS of $0.54; non-GAAP1 diluted EPS of $0.56 not taking into account Applegate Farms, LLC (“Applegate”) transaction costs of $8.6 million or $0.02 per share.
- 2015 non-GAAP1 adjusted earnings guidance range raised to $2.57 to $2.63 per share2, comprises neutral full year impact of Applegate acquisition.
- Record volume sales, up 3 percent; dollar sales of $2.2 billion, down 4 percent.
- Refrigerated Foods segment operating profit up 9 percent (counting Applegate transaction costs of $8.6 million); volume up 2 percent; dollar sales down 11 percent.
- Jennie-O Turkey Store segment operating profit down 45 percent; volume down 16 percent; dollar sales down 12 percent. Decreases reflect the substantial impact of the avian influenza outbreak earlier this year.
- Grocery Products segment operating profit up 57 percent; volume up 10 percent; dollar sales up 8 percent. Not taking into account incremental net sales of MegaMex Foods products, volume and dollar sales flat.
- Specialty Foods segment operating profit up 79 percent; volume up 26 percent; dollar sales up 31 percent. Not taking into account incremental sales of CytoSport Holdings, Inc. (“CytoSport”) products, volume up 1 percent and dollar sales down 7 percent.
- International & Other segment operating profit up 3 percent; volume down 4 percent; dollar sales down 6 percent.
- On a GAAP basis, the company stated fiscal 2015 third quarter net earnings of $146.9 million, up 6 percent from net earnings of $138.0 million a year earlier. Diluted earnings per share for the quarter were $0.54 this year contrast to $0.51 per share last year.
- Not taking into account Applegate transaction costs, the company stated fiscal 2015 third quarter non-GAAP1 net earnings of $152.5, up 11 percent from net earnings of $138.0 million a year earlier. Non-GAAP1 diluted earnings per share for the quarter were $0.56, up 10 percent contrast to $0.51 per share last year.
Sales for the quarter were $2.2 billion, down 4 percent from the same period in fiscal 2014.
Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other.
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